MacRae and Marsh started this topic @ 12:41 on 06/05/2009
Hi there
I am currently in the process of setting up a premium SMS adult text chat company however I have come up against opposition from banks due to the nature of the business. Does anyone know a reputable bank that will allow us to open an account?
Also Business Link who come so highly recomeneded basically hung up on me when I stated the type of business. Any idea why?
And my last question is what sort of insurance will I need. There is me and my partner and no employees, in a rented office which is covered under the building insurance using laptops that are not stored there overnight.
Thanks in advance. x
RE: Premium SMS text chat - setting up
virtuallysorted | 11/05/2009 02:36 PM
Hello
It could just be that they aren't allowed to support this kind of business?
Is there a reason you need bank funding? Would there be some way of accessing private funding or bootstrapping on this project - I do think you are likely to hit the same problem with a lot of institutions.
Caroline
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Caroline Wylie
www.virtuallysorted.com
www.SocietyOfVirtualAssistants.co.uk
RE: Premium SMS text chat - setting up
MacRae and Marsh | 11/05/2009 03:23 PM
Hi
We are not wanting any funding just A bank account for the business. There are loads of companies doing the same thing out there and they must bank somewhere.
As we are new to setting up business that is why we wanted a bit of advice. The Internet has been a great source of information though.
Thanks
RE: Premium SMS text chat - setting up
zandrarogers | 12/05/2009 01:00 PM
we are new to setting up business that is why we wanted a bit of advice. The Internet has been a great source of information though.
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